Grom Interest Expense from 2010 to 2026

GROM Stock  USD 0.0001  0.00  0.000003%   
Grom Social Interest Expense yearly trend continues to be very stable with very little volatility. Interest Expense is likely to drop to about 606 K. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-09-30
Previous Quarter
42.5 K
Current Value
3.4 M
Quarterly Volatility
715.7 K
 
Covid
 
Interest Hikes
Check Grom Social financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grom Social's main balance sheet or income statement drivers, such as Depreciation And Amortization of 888.5 K, Selling General Administrative of 8.3 M or Selling And Marketing Expenses of 7.4 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0 or PTB Ratio of 0.0799. Grom financial statements analysis is a perfect complement when working with Grom Social Valuation or Volatility modules.
  
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Check out the analysis of Grom Social Correlation against competitors.
Evaluating Grom Social's Interest Expense across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Grom Social Enterprises's fundamental strength.

Latest Grom Social's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Grom Social Enterprises over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Grom Social's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grom Social's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Very volatile
   Interest Expense   
       Timeline  

Grom Interest Expense Regression Statistics

Arithmetic Mean1,250,764
Geometric Mean1,099,743
Coefficient Of Variation58.41
Mean Deviation471,336
Median1,174,176
Standard Deviation730,562
Sample Variance533.7B
Range2.8M
R-Value(0.01)
Mean Square Error569.2B
R-Squared0.0002
Significance0.96
Slope(1,894)
Total Sum of Squares8.5T

Grom Interest Expense History

2026606 K
2025637.9 K
2023554.7 K
20223.3 M
20212.6 M
20201.4 M
20191.7 M

About Grom Social Financial Statements

Grom Social investors utilize fundamental indicators, such as Interest Expense, to predict how Grom Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense637.9 K606 K

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When determining whether Grom Social Enterprises is a strong investment it is important to analyze Grom Social's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grom Social's future performance. For an informed investment choice regarding Grom Stock, refer to the following important reports:
Check out the analysis of Grom Social Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Will Movies & Entertainment sector continue expanding? Could Grom diversify its offerings? Factors like these will boost the valuation of Grom Social. Market participants price Grom higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Grom Social data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(8.46)
Revenue Per Share
2.496
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.24)
Return On Equity
(0.89)
Investors evaluate Grom Social Enterprises using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Grom Social's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Grom Social's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Grom Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grom Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Grom Social's market price signifies the transaction level at which participants voluntarily complete trades.